Hanford Tank Waste Operations & Closure, LLC Approved to Begin Hanford Tanks Cleanup Contract
17 Ottobre 2024 - 10:15PM
Business Wire
BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce that
Hanford Tank Waste Operations & Closure, LLC (H2C) has been
approved by the U.S. Department of Energy (DOE) to begin the
Hanford Integrated Tank Disposition Contract (ITDC).
After being previously approved to work on pre-transition
activities, the DOE has issued H2C a notice to proceed, effective
October 21, 2024. Earlier in 2024, the DOE announced that the
contract had been awarded to H2C, which is a joint venture led by a
BWXT subsidiary and includes Amentum and Fluor companies. A protest
against this award was recently dismissed in the U.S. Court of
Federal Claims.
“We are very excited to begin working with DOE on this
incredibly important cleanup mission,” said Heatherly Dukes,
president of BWXT Technical Services Group. “H2C’s leadership team
has been deployed and brings 170 years of combined experience in
tank waste disposition and disciplined nuclear operations.”
The scope of the ITDC includes operation of Hanford tank farm
facilities, eventual operation of the Waste Treatment and
Immobilization Plant, and responsibility for other core functions
such as project management, security and emergency services,
business performance, and environment, safety, health and
quality.
Forward Looking Statements
BWXT cautions that this release contains forward-looking
statements, including statements relating to the performance,
timing, impact and value, to the extent contract value can be
viewed as an indicator of future revenues, of the ITDC, future work
at the Hanford site, and the award or exercise of any contract
options or orders. These forward-looking statements involve a
number of risks and uncertainties, including, among other things,
modification or termination of the ITDC and delays. If one or more
of these or other risks materialize, actual results may vary
materially from those expressed. For a more complete discussion of
these and other risk factors, please see BWXT’s annual report on
Form 10-K for the year ended December 31, 2023 and subsequent
reports on Form 10-Q filed with the Securities and Exchange
Commission. BWXT cautions not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release, and undertakes no obligation to update or revise any
forward-looking statement, except to the extent required by
applicable law.
About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong,
Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and
Defense News Top 100 manufacturing and engineering innovator that
provides safe and effective nuclear solutions for global security,
clean energy, environmental restoration, nuclear medicine and space
exploration. With approximately 7,800 employees, BWXT has 14 major
operating sites in the U.S., Canada and the U.K. In addition, BWXT
joint ventures provide management and operations at a dozen U.S.
Department of Energy and NASA facilities. For more information,
visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and
Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20241017353262/en/
Media Contact Jud Simmons Senior Director, Media &
Public Relations 434.522.6462 hjsimmons@bwxt.com
Investor Contact Chase Jacobson Vice President, Investor
Relations 980.365.4300 investors@bwxt.com
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